Gold Soars Against The Odds: Eastern Buying Spree Or 1970s Redux? Billionaire Investor David Einhorn Thinks There's A 'Secular Trend'
Gold has been on a remarkable rise in 2024, reaching record highs. The surge is attributed to a combination of factors, including the de-dollarization trend, central bank buying, and increased demand
Gold Steadies as Brisk US Inflation Quells Rate-Cut Expectations
Gold steadied after a weekly drop as traders looked ahead to a US Federal Reserve meeting midweek at which policymakers are expected to reaffirm their stance for higher-for-longer interest rates.
Silver Price Forecast: XAG/USD Remains Sideways Near $27.60 as Investors Reassess Fed Rate Cut Bets
Silver price consolidates around $27.60 as traders reprice Fed rate cut hopes.
Lingbao Gold Group Raises HK$79 Million From Share Placement
Lingbao Gold Group (HKG:3330) has raised net proceeds of HK$79.3 million from the issue of a little over 26.9 million shares, a Thursday filing on the Hong Kong bourse stated. The shares, which were p
LINGBAO GOLD: ANNUAL REPORT 2023
Lingbao Gold (03330) completed the placement of a total of 26.916,800 shares to raise about HK$79.3 million
According to the Zhitong Finance App, Lingbao Gold (03330) issued an announcement. According to the terms and conditions of the placement agreement, all the conditions set forth in the placement agreement have been fulfilled and completed on April 25, 2024. The placement agent has successfully placed a total of 26.916,800 shares of placement shares to no less than six transferees at an placement price of HK$3.02 per share (equivalent to approximately 3.98% of the number of H shares issued immediately before completion of the date of this announcement and approximately 2.16% of the number of shares issued after the expansion of the number of issued and placed shares immediately after completion). Proceeds from placement matters
Large fund managers are entering the market! Enthusiasm for gold investment is high! Why are fund managers all optimistic?
“Increasing precious metal holdings” has become the consensus of the largest fund managers. Citi's analysis of large fund managers found that 83% of fund managers now go long on precious metals. Meanwhile, gold was the only commodity fund allocators added to their portfolios last month.
The situation in the Middle East eased, gold prices plummeted, and gold stocks continued to weaken, China Gold International (02099) fell 3.54%
Jinwu Financial News | Gold stocks continued to weaken. China Gold International (02099) fell 3.54%, Zhaojin Mining (01818) fell 2.78%, Lingbao Gold (03330) fell 3.54%, Zijin Mining (02899) fell 1.42%, and Shandong Gold (01787) fell 1.54%. According to the news, investors' concerns about the situation in the Middle East have abated, risk aversion has cooled down, and gold prices have plummeted. The next evening, New York futures closed at $2346.4 per ounce, down $67.4, or about 2.8%, hitting a new low of more than two weeks.
Gold price diving! Gold futures fell more than $65 per ounce, the biggest drop in more than three years
Gold futures prices plummeted by $65.60 per ounce on Monday, or 2.73%, the biggest one-day decline since February 2021.
Has gold reached its peak? UBS: Any pullback is an opportunity to increase gold holdings
Although the market expects the price of gold to enter a consolidation period, UBS believes that any price correction is an opportunity for investors to increase their gold holdings, and the continued existence of geopolitical risks may provide support for the gold market in the long term.
Trending Industry Today: LINGBAO GOLD Leads Losses In Golden Industrial Concept Stocks
April 22nd - The industry of $Golden Industrial Concept(BK1222.HK)$ is trending lower today with 5 constituents down and LINGBAO GOLD leading Losses.$LINGBAO GOLD(03330.HK)$ down 7.39% to HK$3.38 with
Gold stocks collectively fell, Lingbao Gold (03330) fell 8.22%, and institutions expect short-term gold prices to be settled profitably
Jinwu Financial News | Gold stocks fell collectively. Lingbao Gold (03330) fell 8.22%, Zhaojin Mining (01818) fell 5.86%, Shandong Gold (01787) fell 5.83%, Zijin Mining (02899) fell 4.4%, and China Gold International (02099) fell 2.77%. Analysts said that as geopolitical tension in the Middle East eases, safe-haven demand decreases, traders await US data, and gold and silver prices have declined. CITIC Futures said that the bank's core logic is that the recent rapid rise is not stable if geographical factors and long-term risk narrative logic are used. Because of March
Earnings Tell The Story For Lingbao Gold Group Company Ltd. (HKG:3330) As Its Stock Soars 35%
Despite an already strong run, Lingbao Gold Group Company Ltd. (HKG:3330) shares have been powering on, with a gain of 35% in the last thirty days. The annual gain comes to 116% following the lates
Gold Surges Past $2,400 on Middle East Conflict Concerns
Gold surged past $2,400 an ounce as concerns over rising tensions between Israel and Iran stoked haven demand.
Lingbao Gold to Raise HK$79 Million via Share Placement
Lingbao Gold Group (HKG:3330) is looking to issue up to 26,916,800 shares to at least six investors at HK$3.02 apiece, a Wednesday filing on the Hong Kong bourse said. The placement of the shares, whi
Lingbao Gold (03330) plans to discount approximately 16.11% of the allotment of shares with a maximum net raise of HK$79.3 million
Lingbao Gold (03330) issued an announcement. On April 17, 2024, the company plans to place a maximum of 2691.6...
Citi: Gold “shines like a diamond”, up to $3,000
Citibank analysts expect that the “lower price limit” for gold will also rise from around $1,000 to $2,000 per ounce.
Gold Price Benefits From Rising Geopolitical Risks, Lacks Follow-through Buying
Gold price regains positive traction in reaction to Iran’s attack on Israel over the weekend.
Expected to be $2,700 by the end of the year? Geopolitical risks continue to escalate, Goldman Sachs raised the price of gold
Goldman Sachs analysts said on Friday that as emerging market central banks continue to buy gold amid geopolitical risks, the price of gold will be higher than previously anticipated by the end of this year.
Ping An Securities: Why has the price of gold repeatedly broken new highs in this round?
Ping An Securities released a research report saying that due to multiple factors, the price of gold has continued to rise rapidly since this year. As of April 10, the Comex Gold Index had exceeded 2,380 US dollars/ounce, breaking record highs several times.
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